The Louisiana legislature acted in the last special session of 2024 to sunset some of the more widely used programs that LED offers such as Enterprise Zone, Quality Jobs, and Retention and Modernization. The department will still be accepting Advance Notifications for these programs through 6/30/25.  If you do not currently have an Advance Notification on file with LED, then you will not be eligible to pursue these programs without filing an Advance Notification before the sunset date above.

If you have projects and investments being considered in Louisiana and would like to file an Advance Notification for one of these programs, then please let us know.

In the current fiscal session, LED proposed a suite of new incentives including: a High Impact Jobs (HIP) program and the Site Infrastructure Investment Fund. Attached is our comparison of the existing programs that are sunsetting and the new programs being proposed. We are happy to discuss or assist in any way we can with navigating the new programs.  Most of the details of these new programs are to come through the rule promulgation process, which we anticipate to begin this summer following the legislative session, pending approval of the legislation and the Governor’s signature.  If you would like to discuss, please don’t hesitate to reach out to one of our Business Incentives experts.

 

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